CCIF

The Carlyle Credit Income Fund (CCIF) is a publicly traded closed-end fund designed to generate current income and capital appreciation through investments in structured credit instruments. The fund is managed by Carlyle Global Credit Investment Management and trades under the ticker CCIF on the NYSE.

Classified as a closed-end fund focused on structured credit and Collateralized Loan Obligations (CLOs), the fund primarily invests in equity and junior debt tranches of credit structures backed by U.S. senior secured corporate loans.

Unlike traditional passive ETFs, CCIF follows an actively managed strategy and does not track a conventional benchmark index. The fund’s strategy is directly tied to the U.S. leveraged-credit market and the securitization structure of leveraged loans.

Composition / Exposure profile

CCIF provides exposure primarily associated with:

• CLO equity tranches.
• CLO junior debt tranches.
• U.S. leveraged loans.
• Below-investment-grade corporate credit.
• Senior secured loans.
• U.S. structured-credit markets.
• Securitized credit instruments.
• Income-generation strategies.

The fund’s performance is particularly sensitive to corporate-credit conditions, credit spreads, and default risk among higher-risk U.S. corporate borrowers.

Changes in interest rates, economic deterioration, financial-market volatility, and shifts in liquidity conditions may directly affect the fund’s behavior. CCIF may also reflect developments associated with the U.S. corporate-credit cycle and institutional demand for higher-yield structured assets.

Structure and costs

CCIF shares trade on the secondary market on the NYSE during regular trading hours. Because it is a closed-end fund, shares may trade at premiums or discounts relative to net asset value (NAV), depending on market conditions and investor demand.

The fund charges management fees as outlined in its prospectus and may use financial leverage to increase exposure to structured-credit markets. CCIF distributes income derived from cash flows generated by the credit instruments held within the portfolio.

Because the fund maintains concentrated exposure to CLOs and leveraged loans, its performance may exhibit elevated sensitivity to corporate-credit-market conditions and broader financial-system stability.

History and evolution of the ETF

The Carlyle Credit Income Fund was launched in 2019 during a period marked by growing institutional demand for structured-credit instruments and income-oriented strategies within U.S. financial markets.

Since inception, the fund has reflected movements associated with leveraged-loan and CLO markets, including changes in Federal Reserve monetary policy, fluctuations in credit spreads, and developments in financial-market liquidity conditions.

In recent years, CCIF has reflected periods of volatility within corporate-credit markets, U.S. monetary-tightening cycles, and changes in risk perception toward higher-yield and structured-credit assets.

Additional Information

Carlyle Credit Income Fund (United States) is an exchange-traded fund (ETF), with assets under management totaling $-.

Over the past 12 months, Carlyle Credit Income Fund recorded a return of -39.70%, with its price trading between $3.06 and $6.53 during the same period.

The ETF is traded under the ticker CCIF.